FDJ Group: Approval of the Amendment to Kindred’s Bylaws to Allow a Squeeze-out Procedure Above a 90% Capital Ownership Threshold
March 15 2024 - 9:00AM
Business Wire
Regulatory News:
In accordance with the public tender offer for Kindred that FDJ
(Paris:FDJ) filed with the Swedish Financial Supervisory Authority
(SFSA), the completion of the tender offer is subject to certain
conditions precedent, including an amendment to Kindred’s bylaws to
allow for the implementation of a squeeze-out procedure in the
event that FDJ acquires at least 90% of Kindred’s capital.
Consequently, Kindred's shareholders approved this amendment to
the bylaws during an Extraordinary General Meeting on 15 March
2024.
As a reminder, the Swedish Financial Supervisory Authority
(SFSA) approved, on 19 February 2024, the “offer document” relating
to the FDJ Group’s tender offer for Kindred Group Plc. This offer
was launched on 20 February 2024 for a maximum period of 39
weeks.
About FDJ Group
France's leading gaming operator and one of the industry leaders
worldwide, FDJ offers responsible gaming to the general public in
the form of lottery games (draws and instant games), sports betting
(through its ParionsSport point de vente et ParionsSport en ligne
brands), horse-race betting and poker. FDJ's performance is driven
by a large portfolio of iconic brands, the leading local sales
network in France, a growing market, and recurring investments. The
Group implements an innovative strategy to increase the
attractiveness of its gaming and service offering across all
distribution channels, by offering a responsible customer
experience.
FDJ Group is listed on the regulated market of Euronext Paris
(Compartment A – FDJ.PA) and is part of the SBF 120, Euronext 100,
Euronext Vigeo 20, EN EZ ESG L 80, STOXX Europe 600, MSCI Europe
and FTSE Euro indices.
For more information, visit www.groupefdj.com
FDJ Group | La Française des Jeux 3-7, Quai du
Point du Jour - CS10177 92650 Boulogne-Billancourt Cedex
www.groupefdj.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240315581118/en/
Media Contact 01 41 10 33 82 |
servicedepresse@lfdj.com
Investor Relations Contact 01 41 04 19 74 |
invest@lfdj.com
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